business news

18 Jun 2021
--- This week in industry news, Kate Farms, a producer of plant-based nutritional formulas, set out for expansion after securing a US$30 million senior credit facility with Pacific Western Bank. Meanwhile, Danone ranked at the... Read More
18 Jun 2021
--- DSM is increasing the production of its special care premix solutions with the opening of Buk2, an extended manufacturing facility in Buk, Poland. The facility will help meet the growing demand for a reliable and even faster... Read More
16 Jun 2021
--- Royal DSM has entered into a commercial partnership with US-based cannabinoid ingredients manufacturer Mile High Labs (MHL) to develop “unique hemp-derived cannabinoid solutions.” DSM says the partnership signals... Read More
23 Sep 2020
--- Fi Europe 2020 has been postponed following months of speculation over whether or not one of the biggest events in the F&B calendar would go ahead. Earlier today, organizers confirmed that the live event, which was... Read More
17 Sep 2020
--- Kicking off today, Future Food-Tech’s online summit is focalizing how technology can be harnessed to drive personalized nutrition. Positioned as a platform for disruptive F&B start-ups, this year’s summit is... Read More
04 Sep 2020
--- Dutch health ingredients company NutriLeads has closed a €6.5 million (US$7.7 million) Series B financing round, with contributors including DSM Venturing. Marking “a new phase for the company,” the second... Read More
28 Aug 2020
--- In nutrition news this week, Givaudan announced a set of ambitious targets for the next five years, while Gencor and Pharmactive Biotech Products signed a US distribution deal for the latter’s branded ingredients.... Read More
28 Aug 2020
--- IFF shareholders have voted to approve the issuance of shares of IFF common stock in relation to the company’s upcoming merger with DuPont’s Nutrition & Biosciences (N&B) business. The transaction remains... Read More
14 Aug 2020
--- This week in nutrition news, Glanbia acquired Foodarom in a move to expand its flavor capabilities. Meanwhile, Stratum Nutrition and Atacama Bio entered a distribution agreement for the latter’s astaxanthin ingredient.... Read More
14 Aug 2020
--- Growing demand and consequent innovation for natural protein sweeteners are evidenced by a new investment in Joywell Foods. Coming from venture capital firm Piva, the Series A financing enables the food-tech start-up to... Read More
25 Sep 2019
--- Plant-based sweeteners and natural extracts provider Layn Corp has announced the restructuring of its business into four segments, including Plantæ, its new functional botanicals division. The new structure also... Read More
24 Sep 2019
--- Climate change disaster concerns have ensnared the global population as leaders and major industry players align in New York, US, for the UN Climate Action Summit 2019. The nutrition sector has a significant role in averting... Read More
23 Sep 2019
--- French marine lipid expert Polaris has gained European authorization for its new, “super-concentrated, ultra-purified” algal omega 3 oil. It combines ultra-high concentration with properties increasingly demanded... Read More
20 Sep 2019
--- In nutrition news this week, Kaneka is launching what is touted as an innovative probiotics line with marketing support from BrandHive. Meanwhile, plant-based frozen foods brand Strong Roots raised over US$18 million in... Read More
16 Sep 2019
--- China Mengniu Dairy has entered into an agreement to acquire organic infant formula producer Bellamy’s Australia for US$1 billion. The proposed acquisition will enable China Mengniu – China’s second-largest... Read More
09 Sep 2019
--- Despite the growing popularity of products containing cannabidiol (CBD), there is still a gap in scientific knowledge on CBD’s real benefits and interaction with other substances. However, this has not put off a large... Read More
05 Sep 2019
--- Dating back millennia, traditional Chinese medicine (TCM) is now the subject of contemporary study for its potential applications in chronic pain management, disease prevention and mental health treatment. Deeply rooted in... Read More
26 Aug 2019
--- Nutritional foods and snacking products player The Simply Good Foods Company (Simply Good Foods) is to acquire Quest Nutrition (Quest), a healthy lifestyle food company in a US$1 billion move. Simply Good Foods’ Atkins... Read More
22 Aug 2019
--- Dairy supplier Maxum Foods will manufacture and distribute OptiBiotix Health Plc’s weight management technology, SlimBiome, in Australia and New Zealand. UK-based OptiBiotix is a life science business that focuses on... Read More
21 Aug 2019
--- US-based Elanco Animal Health is to acquire Bayer’s Animal Health business in a US$7.6 billion deal. According to Elanco, the move elevates it as a global animal health company, enhances its portfolio of leading global... Read More